Fed’s Kugler Signals Optimism On Inflation, Labor Market, But Warns ‘The Job Is Not Done Yet’
Kugler optimistic about inflation reduction & labor market balance, hints at potential rate cut. Caution remains for Fed's price stability goal.
Fed’s Kashkari Echoes Powell’s Hawkish Stance: ‘Monetary Policy Is Not As Tight As We Would Have Assumed’
Neel Kashkari says the U.S. economy has demonstrated surprising robustness, with growth accelerating throughout the second half of 2023.
Powell Chills Investors: ‘I Don’t Think Likely We Will Have A Rate Cut In March’; Stocks Sink In Response
Federal Reserve keeps rates unchanged, signaling a pause in tightening. Rate cuts not yet appropriate until inflation moves sustainably to 2%, Powell says.
US Stocks Rise At Week’s Start, Tesla Rebounds, SoFi, Lucid Shine: What’s Driving Markets Monday?
Wall Street witnessed slight gains at midday on Monday, with investors eagerly awaiting a series of critical earnings reports, the Federal Reserve’s meeting on Wednesday and the much-anticipated job market report this Friday.
Stocks Ease Despite Benign Inflation Data, Bitcoin Stages Comeback: What’s Driving Markets Friday?
Stocks mixed in New York, with investors assessing mild inflation report and strong personal spending figures. Short-term Treasury yields rise, tech stocks lag, and Bitcoin surges 4.9%. Intel stock falls 12% despite positive earnings, while semiconductors sell off.
‘Meaningfully Stronger’ US Economy Dismantles Slowdown Fears, Boasts 3.3% Growth In Q4 2023
The US economy grew by 3.3% in Q4 of 2023, surpassing expectations by a significant margin. Economists predict continued growth in 2024, led by consumer spending and a strong labor market.
US Stocks Pause As Treasury Yields, Dollar Surge On Trimmed Fed Rate Cut Bets: What’s Driving Markets Tuesday?
Wall Street took a breather on Tuesday, with the major U.S. stock indices trading near the flatline or showing slight declines during midday trading in New York as investors closely await a series of relevant earnings reports and crucial economic data slated for the remainder of the week.
S&P 500, Nasdaq Jointly Hit New All-Time Highs As AI-Driven Stocks Defy Gravity: What’s Driving Markets Friday?
Stock market hits record highs, tech stocks lead with all-time highs and strong economic data, Fed rate cuts unlikely.
US Consumer Sentiment Tops Estimates In January, Hits Highest Level Since July 2021: Friday’s Economic Digest
Consumer sentiment in US reaches highest level in 2.5 years despite struggling housing market. Tech stocks lead market increase while Treasury yields rise.
AI Drives Tech Rebound, Oil Soars, Bitcoin Tumbles: What’s Driving Markets Thursday?
During midday Thursday trading in New York, U.S. stocks displayed mixed performance, with the technology sector outperforming others as investors maintained a bullish outlook on artificial intelligence, temporarily setting aside concerns about interest rates.